Public Charity

GFI Academy INC

GFI Academy INC is a nonprofit organization categorized as Public Charity based in Spring, TX. Its most recent IRS filing (2025) reports revenue of $6.5M, expenses of $6.3M, total assets of $1.8M.

EIN: 471082520 Spring, TX Soccer NTEE: N64 Latest filing: 2025
Total Revenue$6.5M
Total Expenses$6.3M
Total Assets$1.8M
Grant Records0
Filing Years2021–2025

Mission

Our programs are dedicated to providing high-quality soccer training and development for youth ages 5 to 18, both female and male. By operating as a nonprofit, the organization focuses on fostering teamwork, sportsmanship, and leadership through structured practices, competitive play, and community engagement. The goal is to create a safe, inclusive, and supportive environment that helps young athletes develop physical fitness, technical skills, and personal character, ultimately benefiting their growth both on and off the field.

Where $100 goes at GFI Academy INC

How GFI Academy INC divides every $100 it spends, from its own Form 990 filings, averaged across 5 years.

$99 Programs the work itself
$1 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $99 for programs

$99
Provided structured soccer instruction, skill-building sessions, and competitive play opportunities for over 4,625 youth between the ages of 5 and 16
All program spending · Reported in the filing: 4,625 youth; 300 players
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

Academy Director Gareth Glick
Director Gerardo Torrado
President & CEO Joel Verges
Secretary Miguel Gonzalez

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2025 $6.5M $6.3M $1.8M
2024 $4.4M $4.2M $1.5M
2023 $1.7M $1.7M $909K
2022 $1.2M $1.2M $299K
2021 $880K $891K $165K

Between 2021 and 2025, reported annual revenue grew from $880K to $6.5M (+633%), with total assets most recently reported at $1.8M.

Interactive year-over-year charts and full filing details available with membership.

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